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20130206
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CNN 20
CNNW 20
FOXNEWS 16
MSNBC 14
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FBC 12
CNBC 8
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English 133
Search Results 0 to 49 of about 133 (some duplicates have been removed)
CNBC
Jan 28, 2013 7:00pm EST
to grow the economy, shrink government and create confidence that we are not greece. and, oh, heck, my friend steve kroft lobbed a bunch of softballs at president obama and hillary clinton in his "60 minutes" interview last night. and you know what, folks, we still do not know what happened on that tragic, awful night in benghazi when four people were killed. the administration spun two separate stories, we still don't know the narrative. all that, the "kudlow report" starts right now. >>> first up tonight, it could prove to be the most significant immigration reform in years. bipartisan group of four democratic and four republican senators unveiling their blueprint this afternoon for border security, guest worker cards, more foreign brainiacs and employer verification, maybe even a path to citizenship. cnbc's own eamon javers joins us now with the details. good evening, eamon. >> well, we've almost gotten out of practice at watching bipartisan groups of senators hold press conferences here in washington. that's not something we're used to seeing. in recent months, anyway. but the sena
CNN
Feb 3, 2013 6:00am PST
focused on health care, some thought to the detriment of the economy. is he in danger of making the same mistake twice. >>> later koor, could a piece o equipment from the nfl's past protect players from today. one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ officewith an online package new colincluding: domain name,y! website builder with five pages and basic email just $49.99! that's up to 76 percent below online providers and only at officemax stores! [heart beating] [heartbeat continues] [heartbeat, music playing louder] ♪ i'm feeling better since you know me... ♪ announcer: this song was created with heartbeats of children in need. find out how it can help frontline health workers bring hope to millions of children at everybeatmatters.org. >>> the economy, domestic policy and republican head winds with the hill's a.b. stoddard, former labor secretary elaine chao and mike duffy up next. -oh! oh! oh! ♪ what do you know? oh! ♪ bacon? -oh! -oh! oh!
FOX Business
Feb 5, 2013 7:00pm EST
the economy, and but drug-traffickers out of business. but, it is a slippery slope. ron crumble from within. i agree with you. we also asked the question of gerriwillis.com. 453 to 45 percent said yes, 57 percent said no. more obamacare drama. the congressional budget office estimated the health care law will cost over a trillion dollars over the next ten years and is questioning readiness of the state insurance exchanges. never fear, cbo, the states are hiring navigators, tens of thousands of workers needed to help people register for the health insurance exchanges. according to the "washington post," state officials are facing a herculean task of finding these navigators. long-term cost will have to come from the exchanges, which will rely on fees from insurers. the money for fees will not be available until 2014, far after the navigator's will have to be working in in place. in the meantime, some workers may be funded by federal grants, private money domestic budgets, not good news for most states facing financial straits. california alone is planning to hire 21,000 of these exchange helper
FOX News
Jan 30, 2013 1:00pm PST
the afternoon. i'm shepard smith. >> neil: economy is suffering, is this time to be hiking. i'm eric bombing and the economy isn't just slowing it's shrinking. it dropped by tenth of percent. it's the first time that happened in three and a half years. all this as democrats are pushing for more tax hikes. former reagan advisor art laffer says that is the last thing we need. first thing in three and a half years we will an actual contraction in the economy and brought it to 2.1%. we spent $5.8 trillion and this is what we get for it. >> it's just dumb on the outside. government spending is milton friedman is taxation. government doesn't create resources, it redistributes resources and this government spending is why we had the recession. obama continued the bad job for four straight jobs and this is the result. >> eric: but they would say isn't for government spending we would have no growth? >> government spending it's not in spite of government spending it's because of the government spending. we think of it, you got two guys in the world, "a" and "b". if "b" gets unemployment benefits who
FOX News
Jan 30, 2013 9:00pm PST
that the media is creating for him. >> no. >> covering up for his terrible economy, people blaming bush in the twilight zone important this economy that has gone on for four years and now getting worse because he is smothering the private sector. they cover up these entitlements >> the election is over. you are not holding a grudge, are you? >> you don't care how much nbc and american people are able to see the reality of the two candidates for themselves. >> we got to run. >> sean: good to see you both. we're back in the recession. >> we're not in the recession but it was bad news. >> sean: it may be a recession, we'll see. i hope not. the country, his policies are not working. thanks for being with us. we learned earlier today for the first time in more than three years, the u.s. economy shrank for top democrats for nancy pelosi they are saying they are not responsible for the fiscal mess that you are now in. they are blaming other people. later tonight, it's bad enough that your tax dollars are being used to arm egypt with f-16s and tanks. we are watching the defense ministers now th
CBS
Jan 30, 2013 5:30pm PST
but be a lot colder. >> pelley: david, thanks very much. the economy has turned unexpectedly cloudy. government data out today showed the economy shrank for the first time since the great recession. it contracted at an annual rate of 0.1% the last three months of 2012. the economy had grown 3.1% the previous quarter. a shrinking economy over time spells recession, but don't panic yet. this number is likely to be revised as more data come in. senior business correspondent anthony mason found this dark cloud may have a silver lining. >> reporter: the headline may be disappointing, but the underlying economy was showing renewed strength at the end of last year. consumer spending, which drives two-thirds of the economy, was up 2.2%. home building soared more than 15% and contributed to economic growth in 2012 for the first time in six years. only government spending cuts on defense caused overall economic growth to flatline. julia coronado is chief economist with p.n.b.-paribas. >> the fiscal tightening is taking a toll. it took a toll on growth in 2012. it will take a toll again in 2013. >> report
CBS
Jan 30, 2013 6:30pm EST
. the economy suddenly stops growing. anthony mason looks at the surprising new numbers and with the super bowl coming this weekend, jim axelrod in new orleans, where the city's chefs have served up an economic recovery. >> reporter: the population shrunk, and yet the number of the restaurants went up? >> yeah, it's a miracle, isn't it? captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. the senate judiciary committee had assembled for the first congressional gun control hearing since the sandy hook tragedy when the surprise witness appeared. former congresswoman gabrielle giffords of arizona was led by the hand by her husband, mark kelly. it was two years ago this month that giffords was shot through the head during a meeting in tucson. 18 others were shot and six died. a day of testimony began with this: >> speaking is difficult, but i need to say something important. violence is a big problem. too many children are dying. too many children. we must do something. it will be hard, but the time is now. you must act. be bold. be courageous. amer
MSNBC
Jan 30, 2013 5:00pm PST
's economy. david cay johnston on today's troubling gdp report. >>> bobby jindal breaks his own rule. >> we've got to stop being the stupid party. >> find out how the poor in his state are about to start suffering on friday. >>> and brand-new polling proves again that we're living in a center-left country. tonight i'll tell you why it's up to one person to keep it that way. good to have you with us tonight, folks. thanks for watching. an emotional scene on capitol hill today. former congresswoman gabrielle giffords returned to congress for a senate hearing on gun violence. two years ago, giffords was shot in the head during a shooting spree that killed six people in tucson, arizona. the 71 words gifford spoke today did not come easy for her. but her message is one every american needs to hear. >> thank you for inviting me. here today. this is an important conversation for our children, for our communities, for democrats and republicans. speaking is difficult, but i need to say something important. violence is a big problem. too many children are dying. too many children. we must do somethin
FOX Business
Feb 1, 2013 8:00pm EST
sure the software economy of 9/11 did not jeopardize her ability to create jobs and opportunities for americans at home. tax rates coming down. people should understand the entrepreneurial spirit of america needs to have a predictable tax policy and weight that do not burden the road. right now we have tax rate discussions that our economy and that's not good. liz: it's hard to understand. the average hard-working american doesn't always understand what is happening. basically president george w. bush got vilified for raising the. despite the fact that on his watch the berlin wall fell, the soviet union collapsed or it at the same time, this president that we have a thing that saying that i will not raise taxes on the middle class family. i won't even raise capital gains taxes. how are we, in this day and age, when president barack obama does not get criticized? >> people should look at what the first president bush did when he did have new taxes. it cost him reelection, but he did the right thing. he got something. he he got disciplined into the federal government. he drove disci
FOX News
Jan 31, 2013 3:00am PST
: meanwhile breaking news on the economy. it's the worst it's been in more than three years. but democrats aren't blaming the tax hikes they just pushed through. no. something else. >> our economy is facing a major headline which goes to your point, and that's republicans in congress. >>steve: darned republicans. democrats' plan? print more money. brian. >>brian: make way for the future site of the obama library. but first we need to get ronald reagan's childhood home out of the way. break out the bulldozer. "fox & friends" starts tphoufplt >>gretchen: good morning. usually when we come in in the morning, we all have our own ways of preparing for the show. unfortunately i have to spend a little bit more time in hair and makeup. and during that time is when i start looking at the news papers, the hard-core ones, not on my ipad. i have to say i was a little shocked at the front cover of the new york post this morning when it hit my lap. that one right there. dan marino, we all know over at cbs sports, hall of fame quarterback with the miami dolphins, probably the best quarterback to not win
FOX Business
Jan 30, 2013 4:00pm EST
, they are reporting as well. also the very latest reading on gdp showing our economy, well, it's moving in the wrong direction or at least it was in the third quarter. a lot of people say it was an anomaly, a lot of other factors like hurricane figured into those numbers, but are we slipping into a recession? some people are beginning to think so. the fed just said growth paused in recent months. i will be asking a harvard professor if he was -- if he thinks we're in a recession. he was president reagan's chief economic advisor. liz: david we have qualcomm numbers. adam has them. we see right now that the stock is at least in the initial moments moving higher. adam? adam: it is moving higher up over 3%. here's why, it's a beat on both fronts liz. earnings per share came in at $1.26. the street was expecting $1.13. the revenue 6.02 billion, street was expecting 5.9 billion. so qualcomm continues to perform well, especially on revenue. liz? liz: let's keep in mind that qualcomm is in very high end smart phones but they are pushing as paul jacobs the ceo told me in davos last year -- last week, that th
FOX Business
Feb 1, 2013 3:00pm EST
and this would then depend on the economies of some of these emerging markets remaining stable and growing of course? >> well, there are two forms. there's the high rollers and the mass market. and the mass market is pretty high end. you go into these casinos at nighttime, and it's very hard to find a table under $25. these people like tables. they don't like to play slots. liz: i have to ask, you go there and you look at each of these and you watch the action there, like the james bond movie? >> yeah, i think i've lost my last nine games. very hard to do that. liz: i won't even play the penny slots, forget it. when you were looking because you have been so cautious and so smart with a little luck thrown in, when you're looking to commit money to a certain stock to put in the fund, what are the things you look for? >> we look for basically businesses that grow, especially businesses -- liz: that's quite simple actually. >> businesses that generate cash. we like the cash to come out sometime or another. a good example of a business we don't like is amazon. cash never comes out of the bottom
FOX Business
Feb 1, 2013 9:20am EST
and the economy that's actually shrinks, well, harry reid says this is a recovery. okay. we'll talk about it. "varney and company" is about to begin. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. it's just common sense. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. charles mckinney a -- charl: a bomb goes off in tour key, killing two, one expected to be the bomber. the bomb went off inside the security perimeter. no damage to the embassy reported, and we will bring you update to the story as they come in. now, of course, let's
FOX News
Jan 31, 2013 7:00pm PST
as we expected. >> the economy is tanking. >> remember the shovel-ready jobs that weren't shovel ready. >> shovel ready was not as shovel ready as we expected. >> we have had four years of the obama economy. it hasn't worked. >> it's been tanking for four years. >> the worst the jobs council did was very helpful. >> the jobs council that didn't embrace the president's jobs program is when you have to say, what are they up to. >> jobs council -- >> a number of ideas was acted on by this administration. as part of the president's overall commitment to job creation and economic growth. >> shovel ready was not as ready as shovel ready as we expected. >> as it turns out he had a whole bunch of business people that were trying to be good enough to get a food goodies from the president. >> you are more concerned with meetings than progress. >> there haven't been the recovery. now, we have the fourth quarter where the economy shrank. it contracted. >> greta: now what? ron johnson joins us, republican senator. i may be one of the few that it's not a big deal because i thought it was a silly pho
FOX News
Feb 4, 2013 9:00pm PST
americans on food stamps? we learned the economy was shrinking and unemployment is back up to 7.9% and all this news is pouring out. here is what the president is addressing. >> i am here today because the time has come for common sense, comprehensive immigration reform. >> my attitude that gays and lesbians should have access and opportunity the same way everybody else does in every institution and walk of life. >> the only way we can reduce gun violence in this country is if the american people decide if it is important. if parents and teachers, police officers and pastors, hunters and sportsman, americans of every background stand up and say it's got to be different. >> sean: with reaction, is ann coulter. did you see the picture of his skeet shooting. first of all when you skeet shooting you shoot up. number one he is not holding it right. >> the great constitutional law scholar second amendment the fishermaners of the constitution really like skeet shooting. that is not what it is about. wait until the photos of him taking birth control pills fighting the war on women. >> sean: let's
FOX News
Jan 30, 2013 3:00pm EST
, and for the first time in three years, our economy shrank in the last three months of last year. that was unexpected, the markets were a lit aloof for awhile, but look where they're standing now. as you can see. we'll continue to cover breaking news on studio b. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >> shep: the country, the economy shrank for the first time since last year, and it has taken economists by surprised. it slowed down 3.2% from the last quarter. and they are blaming a drop in exports, and factories shutting down after supe super storm san, and weighing down on the economy, the slowdown raising concerns about the ongoing recovery. jerry is with us, and you were saying
CNBC
Feb 5, 2013 9:00am EST
of time. the economy's growing about 7% a year. including inflation. and how long is that going to take? if you grow 7% a year, that means you double your money every ten years. that means if the stock market is 14,000 now, it could be 28,000 in ten years, and it could be 50,000 or 60,000 in 20 years. >> nice long-term bullish view of the markets. not just for the six months or even the next year. >> you compare it to bonds, which is what he's doing, you feel pretty darn good. it's also -- there's a lot of good chatter about pension plans being so far behind. i would love it, just in terms of companies being able to return money, if they were less worried about pension plans. that kind of talk makes me maybe embolden pension plans to say, let's get a little more risky and maybe we can pay off. that's also going to be very important for stock valuations. >> right. it's going to be another flow of funds into the market from the pensions, not only from the individuals which we've seen. i mean, did you catch vanguard's flows for the month of january? $24.8 billion coming into vanguard's. >>
CNBC
Feb 4, 2013 6:00am EST
a month. that takes a year. and this is what -- and they're putting that much money back in the economy each month. this is very powerful stuff. we're seeing, you know, further expansion in bank lending. i think today in the loan officer's survey from the fed, you're going to see further easing and bank lending standards which we have found to be a pretty good leading indicator of the overall economy. >> bank loan portfolios year on year were up 80 basis points. that's less than 1%. and there's still a huge credit impairment in the mortgage part of the market, which is roughly 50% of bank balance sheets. again, those issues are fannie and freddie mispricing the risk on the high end, fha mispricing the risk on the low end. no requirement in the game roles. that's where you need -- when you look at the senior loan officers survey, that's where you see -- >> i want to ask you a question, macro question. if you had a choice, let's say you had one of those time machine things and you could take the global macro environment for dow 14,000 in october 2007, or the global macro environment for d
CNBC
Feb 4, 2013 7:00pm EST
will not hurt this economy. let's not push our luck. republicans will block it. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> stock market correction today. i still believe rising profits and an easy fed will keep the bull market going -- at least until the president tax bombs us to death again. that's what obama said before the super bowl yesterday which could be the real reason the markets sold off today. another big tax hike on investors. here now is dave goldman from fixed income research at bank of america, president of macro strategy and don luskin chief investment officer at. you get all wound up in the europeans thing, the prime minister may have been on the take for construction money. what do i know? why do i care about that? that doesn't mean anything to me. >> i agree. spain is not a systemic threat. it's too small to bring the rest of europe down. we have asian centered
FOX Business
Jan 31, 2013 4:00pm EST
a striking a blow to gdp last quarter. this quarter could be even more painful. the effects on the economy itself. find out why in which companies will be feeling it the most. liz: and one money manager who is bearish, one who is bullish. they will duke it out after the break and tell you where they're putting their money right now. stay tuned. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. da
FOX News
Feb 2, 2013 5:00pm PST
reason the economy and he's not delivering. >> talk about the policiless that are hurting black americanings whampt were the policiless that you feel have kept people from being able to move forward. >> when i was in college we read a back called the negro family a case near national academies. >> 20 of the blacks were born out of wet lookings that has tripem for whites is it 35 percent. we have rewarded people and given women financial incent itches and allowed the men to abandoneded thet. bill cosbee called them unwed fathers. >> single parent hood and kids growing up and stipulated by taxpayers and government are programless. they don't want to make it so the kids don't have food or healthcare. . >> when i talk to blook. i try not to use the heritage foundation that did study on absent fathers and dropping out of high school and crime and getting on welfare. charles murray did a book called losingly ground and the damage done by the nuclear family. it is it call would tupac. >> and they like to hear me say if i had a father in my life i would have had confidence and more disc
FOX Business
Feb 5, 2013 1:00pm EST
the spectrum have said that our economy is poised for progress in 2013. we have seen signs of this progress over the last several weeks. home prices continue to climb, car sales continue to be at a five-year high, manufacturing has been strong and we have created more than 6 million jobs in the last 35 months. we have also seen the affects of political to the function. the drawnout process for resolving the fiscal cliff, hurt consumer confidence. we have been reminded that while it is critical for us to cut wasteful spending, we cannot just cut our way to prosperity. deep, indiscriminate cuts to things like education, training, energy and national security will cost us jobs it will slow down our recovery. it is not the right thing to do for the economy, it is not the right thing for folks that are out there still looking for work. the good news is this does not have to happen. for all the drama and disagreements we have had over the last few years, democrats and republicans have been able to come together and cut the deficit by more than $2.5 trillion through a mix of spending cuts and high
CNN
Jan 30, 2013 11:00am PST
. you know, the average investor is seeing the economy make small improvements. we're seeing improvements in the housing market, consumer spending is going up. i spoke with one trader who was a little concerned that this is an artificial rally system littlit stimulated by the fed. >> you can say we have already been here. but you can say we came from the depths of despair, we're much higher but the thing that will cause people to continue to to be concerned is it still ahead of itself. is there a correction coming because the fed created this -- manufactured this rally. >> but, brooke, you know, think of the stock market as a big old rubber band. as much as it went down in 2009, march of 2009, the low for the dow was 6500, now we're seeing it bounce back almost to 14,000. you know how that is. what goes up, i don't want to say it, brooke. >> darn that economic gravity. alison kosik, thank you very much. we want to keep talking about this. we were thinking why doesn't wall street match what we're seeing on main street. we'll talk about that with steven moore, wall street journ
NBC
Feb 1, 2013 6:30pm EST
>>> on the broadcast tonight, a wild ride for the american economy. stocks surge to their highest close in more than five years, nearing an all-time high. but unemployment ticked up. then there's the price of gas. suddenly sky-high again. >>> there's been another terrorist attack on a u.s. outpost overseas. our own richard engel is there, all of it playing out when we get a new secretary of state. >>> new rules in the ongoing fight over birth control coverage. the president makes an offer. the question is, will religious leaders give it their blessing? >>> and the big game. it's all over, but the shouting, the fans are in place, the excitement is building. oh, but wait. we're talking about the puppy bowl on sunday. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >>> good evening. late today the stock market crossed over something of a mythic mark of the modern era and the dow jones industrials closed above 14,000 for the first time since 2007. and we all remember what happened back then. the stock market
CNN
Feb 2, 2013 3:00pm PST
about the economy and how it potentially could impact the president's political strength this year going into his second term. 157,000 jobs created in january. you take a look at the -- a lot of jobs created last year. still not moving. the economic growth as much as should -- but if you take a look at the jobs that have been created, you take a look at the dow jones. 14,000, it was under 7,000 when he attack office. how much of a political impact will it have on the president going forward on the agenda? >> i think it is a reminder how the dysfunction in congress could hurt the country going forward. we're not out of this yet, wolf. nothing is robust, as you look at the question of spending cuts, what are you going to do? i think this serves as a reminder that congress needs to get something done. it is just hanging out there. >> you know, it is a low-grade fever, the president is moving very aggressively on his agenda, on immigration, on guns, on the contraception ruling that came out this week. he is speaking on the new coalition -- without economic growth, i mean, that is really the
MSNBC
Jan 29, 2013 3:00am PST
't come back in. dealing with that is a critical component. >> that's a part of it. this economy cannot function without people to do the jobs americans won't do. >> quickly, with that said, we would be fooling ourselves this morning if we didn't look at this immigration debate and understand there might not be a tinge of the gun debate involved where you have people in new york and people in washington and people at the networks and national newspapers all supporting this and even a lot of the leaders inside washington d.c. where the rest of america is a bit more wary and skeptical. if you don't believe that, go to the conservative websites, the national review, go to several others. the "wall street journal" says it is a promising framework and i think it is. there are a lot of conservative outlets that have yet to weigh in on this aggressively. they will start that now. the phone calls will start the congressional offices and just like the gun debate, you will have people energized who want this bill killed and congress will get 10-1 calls against this immigration bill and they have
CNBC
Jan 29, 2013 9:00am EST
anymore. you look at the economy and it looks like the market is taking off. maybe a new sense that the ceo world is figuring out, i'm going to figure it out on my own. >> the hardest thing is that politics and business intersecting doesn't work. they do things for noneconomic reasons. somebody said in europe, they don't care about -- they're going to keep europe together. the u.s., i think entitlement reform is serious. i think they have a couple weeks to work this out. >> barry, thank you so much. it's been a pleasure talking to you today. >> thank you. >> that does it for us today. make sure you join us tomorrow. right now it's time for "squawk on the street." >>> good morning. welcome to "squawk on the street." i'm melissa lee, along with carl quintanilla, jim cramer and david faber at the new york stock exchange. the new home price reports were just released. s&p's david blitzer will join us to break these numbers down moments from now. let's get a check on futures. and how we are setting up, this after the s&p ended its eight-day rally. it managed to hold above the 1,500
FOX Business
Feb 4, 2013 5:00pm EST
is destroying the economy. would you rather they were raising interest rates? >> yes. >> economy would be falling off a cliff. >> you are insane. i'm sorry, there is no way that would make for productive economy. >> no, no. >> the one thing that would fix things here -- >> what we have is not productive economy. this is inflationary bubble. melissa: go ahead. >> one thing fix this getting into economic growth scenario we don't have. if you start to tighten up interest rates we're never going to get there. melissa: peter -- >> we'll never get there if we keep interest rates low. melissa: aren't they same amount of stupid, tightening interest rates and raising taxes, both strike me as terrible ideas. >> i don't want to raise taxes. we want to slash government spending. we want to liquidate bad debt. let prices readjust. we need to save, produce, we need to export. we can't keep borrowing money to consume imports. that is how we destroyed our economy. >> our savings is at one of the highest levels in a decade. >> but not economic growth. melissa: peter, you're fantastic i think we drove a
FOX News
Feb 4, 2013 3:00pm PST
. our economy could use some presidential leadership right now. >> house republicans want to force the president to submit a budget that would balance in 10 years. >> they hope to pass it in march unless they come up with a deficit reduction agreement before that. it would hurt readiness maintenance and training and make it difficult for the u.s. to respond to global crises. >> it would bite hard no question. wendell, thanks. >> it's not the kind of news wall street was looking for today. stocks had the worst day of the year. the dow dropped 130 points s&p lost 17 the nasdaq lost 40. president obama turned up the volume on the gun control members today in minnesota where hunting and gun ownership is big business. in an attempt components like the nra the president took his message directly to the people. mike emanuel has the story. >> president obama went to minneapolis for what he hopes to be common sense proposals. he choose minneapolis to spotlight the steps he has taken. >> this city launched a series of youth initiatives that reduced the number of young people injured by guns
ABC
Feb 1, 2013 5:30pm PST
endured white knuckle days the economy tanking, debating along the way, should i keep my money in? do i take it out? dave ramsey travels across the country giving financial advice, he has 5 million radio listeners a week, a giant voice urging boomers near the bottom of the market -- telling them keep their money in. a lot of people think if they take it out they can time the market. >> we were standing in the street corners screaming when everything was going down, don't pull your money out, the only person that gets hurt on a roller coaster are those that jump off. >> reporter: a study says two-thirds of americans plan to delay retirement, rosemary just retired when the market began to drop. she stayed the course on on track, now giving tips to other boomers. but the advice her husband dividend, keeping their 401(k)s. >> he wanted to pull everything out, i hoped it would come back, we decided to leave it there and hope it would come back. >> reporter: who was right? >> theoretically i was, but it's come back about 75%. >> reporter: and look at this tonight, our business unit crunching
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